Mid Penn Bancorp Short Interest Drops in March

Shares of the Pennsylvania-based bank holding company see significant decline in short positions.

Mar. 27, 2026 at 11:49am

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Mid Penn Bancorp (NASDAQ:MPB), a bank holding company headquartered in Hummelstown, Pennsylvania, saw a large decrease in short interest during the month of March. As of March 13th, the company's short interest totaled 566,449 shares, down 37.2% from the 901,914 shares reported on February 26th. This represents approximately 2.7% of Mid Penn Bancorp's outstanding shares, with the current short-interest ratio standing at 3.8 days.

Why it matters

The drop in short interest for Mid Penn Bancorp could signal increased investor confidence in the company's performance and outlook. Short selling activity can provide insights into market sentiment, and a significant decline in short positions may suggest that some investors are becoming more bullish on the stock.

The details

The decrease in short interest for Mid Penn Bancorp comes as the company's stock has seen some positive analyst coverage. In February, Weiss Ratings upgraded the stock from a "hold (c+)" rating to a "buy (b-)" rating, while Wall Street Zen downgraded it from "buy" to "hold" in January. The company's average analyst price target is currently $37.00.

  • As of March 13th, 2026, Mid Penn Bancorp had short interest totaling 566,449 shares.
  • On February 26th, 2026, Mid Penn Bancorp had short interest totaling 901,914 shares.

The players

Mid Penn Bancorp

A bank holding company headquartered in Hummelstown, Pennsylvania, serving as the parent of Mid Penn Bank. The company offers a range of retail and commercial banking services across central Pennsylvania.

Weiss Ratings

A financial research firm that upgraded Mid Penn Bancorp's rating from "hold (c+)" to "buy (b-)" in February 2026.

Wall Street Zen

A financial research firm that downgraded Mid Penn Bancorp's rating from "buy" to "hold" in January 2026.

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The takeaway

The significant decline in short interest for Mid Penn Bancorp suggests that some investors are becoming more optimistic about the company's prospects, despite mixed analyst coverage. This could signal a potential shift in market sentiment towards the stock, though further developments and financial performance will be important to monitor going forward.